Mizuho Maintains Buy on Applied Mat, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $225 to $245.
May 17, 2024 | 11:45 am
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Mizuho analyst Vijay Rakesh has maintained a Buy rating on Applied Materials and increased the price target from $225 to $245, indicating strong confidence in the company's future performance.
The raised price target from $225 to $245 by a reputable analyst suggests a positive outlook for Applied Materials. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100